Early Harvest

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Early Harvest

A situation in which the weather causes the harvest of a crop to come earlier than it usually does. An early harvest can result in a drop in the price for that crop because the excess supply was unanticipated. Various derivatives for agricultural products (and even for the weather) exist to hedge against the risk of early harvest and other acts of God.
References in periodicals archive ?
27, 2009 (CENS) -- Delegations from Taiwan and China will meet in Beijing next week for an unofficial discussion on Cross-Taiwan Strait Economic Cooperation Framework Agreement (ECFA), when both sides will exchange lists for early harvests for the first time.
3 and 4, delegates from both sides will go over the lists of early harvest, or priority items of commodities eligible for tariff reduction, in a bid to reach a common ground.
Ideal weather earlier in the year meant many early harvests were good, while several key British summer fruits came into season, leading to reduced prices as retailers cut back on pricier imports.
Ventura County farmers might have lost much of their lucrative early harvests, especially in strawberries.
Exceptionally high crop yields of a wide range of fresh fruit and vegetables, combined with the expansion by growers of cultivated acreages and early harvests, have let to an unprecedented and unforeseen seasonal over supply.
Phytochemicals have been found to accumulate during maturation of red fruits, and an increased maturity of blueberries at harvest has been reported to demonstrate higher antioxidant activity than early harvests.
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